Here's What Everyone Thinks About Carl Icahn's EBay BattleWall Street Journal (blog)Investors aren't sure who to side with in the ongoing feud between billionaire investor Carl Icahn and eBay Inc. Mr. Icahn wants to break up eBay by separating PayPal, its payments business, from the namesake shopping website, and has …
Read More »3 Minnesotans charged in extensive food stamp fraud case – Minneapolis Star Tribune
3 Minnesotans charged in extensive food stamp fraud caseMinneapolis Star TribuneThree Minnesotans allegedly used food stamps from homeless people to buy thousands of dollars in soda and ramen noodles that were shipped to Liberia for resale, the first fraud of its kind in Minnesota that authorities can recall. Investigators said …Charges: …
Read More »Is Buying Seafood With Food Stamps the Worst? – TakePart
Media Matters for America (blog) Is Buying Seafood With Food Stamps the Worst?TakePartAccording to the cable network, people are abusing SNAP by purchasing iPads, cigarettes, and dog food—even cashing in food stamps for gambling cash at casinos. And buying so much seafood: crab legs and wild salmon from organic markets …
Read More »Neighborhood markets get millions in food stamp sales
People who get food stamps in Pennsylvania spend $1 of every $20 in benefits at convenience stores, yet federal data show corner stores represent a disproportionate share of fraud cases. More: continued here
Read More »Two charged in Twin Cities food stamp fraud that shipped goods to Liberia – Pioneer Press
Two charged in Twin Cities food stamp fraud that shipped goods to LiberiaPioneer PressRamsey County investigators said Wednesday that they have broken up a criminal operation that illicitly used food-stamp benefits to buy thousands of dollars of nonperishable foods like soda and ramen noodles that were shipped to Liberia and …
Read More »Berkeley: Federal watchdog criticizes post office broker's dual role
While firm denies any conflict, inspector states arrangement could mean financial loss, diminished public trust More: continued here
Read More »What investors really think about the Icahn-eBay fight – MarketWatch (blog)
What investors really think about the Icahn-eBay fightMarketWatch (blog)Icahn's complaints stem mostly from what he sees as conflicts of interest involving board members Marc Andreessen and Scott Cook, a lack of leadership from Chief Executive John Donahoe and the need to split off eBay's PayPal electronic-payments … More: continued here
Read More »EBay CEO says top shareholders agree PayPal should stay put
By Phil Wahba and Nadia Damouni NEW YORK (Reuters) – EBay Inc CEO John Donahoe said on Wednesday that several of the online retailer's most active shareholders have assured him they support his efforts to resist demands by activist investor Carl Icahn for a spin-off of the PayPal unit. Donahoe …
Read More »Icahn: ‘I’ve Never Seen Worse Corporate Governance Than eBay’ – Moneynews
Icahn: 'I've Never Seen Worse Corporate Governance Than eBay'MoneynewsHe's upset that eBay sold Skype in a September 2009 for only $2.75 billion to an investor group that included eBay board member Marc Andreessen. The group itself sold Skype 1 ½ years later to Microsoft for $8.5 billion. Editor's Note: Free …
Read More »eBay's Management Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)
Very happy to have Bob Swan, CFO of eBay with us this morning, Bob thanks coming back this year. And maybe a good place to start is some of the more recent events that have been going on with yourselves and some in the investment community and just the way …
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